Thinking about buying a home?

Now is the time! While you may think that prices will go lower, mortgage rates may go higher. So when you find the home of your dreams, jump on it! Just think, just 5-10% of the cost gets you in the front door! And once you are there, Uncle Sam wants to help you by giving you income tax deductions for real estate taxes and home mortgage interest. And when you want to sell, if you have lived in your house for at least two years, you get a $250,000 exemption from capital gains tax ($500,000 if you are married). You can decorate to your heart’s content without landlord approval. And while housing prices may go down occasionally, your home will never be worthless and will likely increase in value over the years. What’s not to like?